New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-06-25

,rroor was eyen circulated that ne had converted
3 largo amount OF securities into cash and gone 20
Called az his office and found Mr. Ives standing near
the ticker in his shirt sleeves. loo king compia.
Gently at the tape He expressed the OPINION ha az
the market had rallied from the temporary snock OF
the Manhattan fhunderbolt. in o way that gave
assurance that no immediate trouble wasto De
anticipated he was not aware 9, ,nf
existence lightly. Later, IN the day. when ne
became convinced that his credit had been "a as
sailed he determined to set himself right Inc
association of his name with the broken Fidelity
Bank of Cincinnati he could not account Tor.
81 have never been connected With ~ III n. any
and never knew stockhoder of the bank" When
told that it was rumored that ne had loans VIII
Mr. Could which the latter had called yesierday.
he at frs. replied that he had no loans win that
gentleran. but subsequently corrected TINS state
ment by saving that directly he had none,
taough Indirectly there bsa We're e, So for pav
ment On the contrary, he said, to oblige
some friends he had himself made some Icanh
during the day. Mir. Ives said ne believed that al
examina ion of his securities In the safe deposit
vaults would show tina. he held WIDE mdTg'u
above his liabilities, and he had nothing 10 iear
from an examination of his accounts 10 the thies
banks in which ne makes his deposits, the haines VI
Speaking Of the general complexion of affairs he
said he believed tnat the recent liquidation IN
wheat and the progressive liquidation IN stocks
were really the best things that could happen. 80
far as the condition Of BUSINESS Throughout tne
country was concerned, he thought there were
sions OF steady and continued improvement, ana
i'm support of this theory he cited the latest state
ments of the Western system Of roads in which he
Is more directly interested as showing tnat
their receipts are increasing al Tue
rate of 81 O0O, 900 year. Referring to the story
of his light on the yacht, MIR Ives said laughingy
that he intended in fe ' hours to go aboard the
Title and would probably spend the nght there IN
company with gentleman whom he had lnx'tei 70
be his guest but he expected to be at his once this
morning as usual al:
Mr. Ives In conclusion said that he was indis-
posed upon general principles to allow his name 10
10 into the newspapers In connection VIVID lhtei
views respecting his business affairs; but when MS
credit was attacked and grossly erroneous rumors
were put i'm circulation concerning Dm, ne thousho
it was his duty to speak. He discussed the matter
amiably however although he evidently regarded
the criticisms as extremely unjust.
THE PANIC HAS NO EFFECT IN PHILADELPHIA
PHILADELPHIA, June "a (SpeciaD.-The brokers IN
TbIrst were not disturbed over the reports received
nom Wall Street to-day of Jay GOulds alleged dea'h.
In this market the pancky feeling in New-lorK hau
no effect and II Is hard to remember when disturb
ance I'm the New York market was not Immediately
reflected by fluctuations here One broker says there
has been less speculation In the Philadelphia marhet
OF late than he ever knew OF before. Brokers were
unanimous in their opinion that Gould was AT inc DOT
som Of wellset plan to knock the legs RON uhucl
he